Peugeot Citroen revenues slump
on 23/10/2013 07:44:39
The French car maker said its revenue for the July-September period slumped 3.7% to €12.1bn . Peugeot Citroen's car division sales fell 5.8% to €8bn.
In a statement the company blamed weak European markets as well as disruption to its Citroen C3 production line at a factory near Paris slated for closure. The company is in the midst of plans to shut factories and shed up to 8,000 jobs.